Massachusetts Bankruptcy Court

The Massachusetts Bankruptcy Court is a federal court that handles cases where individuals or businesses seek relief from overwhelming debt. It provides a legal framework for debtors to reorganize their finances or liquidate assets to pay off creditors. The court ensures fair treatment of all parties and follows federal bankruptcy laws, which include various chapters like Chapter 7 (liquidation) and Chapter 13 (reorganization for individuals). The process typically involves filing a petition, attending hearings, and developing a repayment plan, all aimed at helping debtors achieve a fresh financial start while balancing creditor rights.